Sales: $700 million for the year ended Aug. 31, 2015.
Key Personnel: Steven B. Klinsky, founder and chief executive officer, New Mountain Capital; Ed Lonergan, executive chairman, Zep; Bill Redmond, president and chief executive officer, Zep Inc.
Major Products: Zep, Zep Commercial, Zep Professional, Zep Automotive, Enforcer, Misty, TimeMist, TimeWick, Country Vet, Original Bike Spirits, Blue Coral, Black Magic, Rain-X, Niagara National, FC Forward Chemicals, Rexodan and Mykal.
Comments: Industrial and institutional cleaning products marketer Zep is in the hands of New Mountain Capital (NMC), a private equity group, following its $692 million acquisition last spring.
How long Zep stays with NMC is up in the air. Observers expect Zep to be flipped in two years or less.
New Mountain, headquartered in New York, is a private equity firm with more than $15 billion in capital commitments. The company seeks to acquire market leaders in selected defensive growth industries.